Brazilian domestic HRC was assessed at 3,960–4,180 reais per tonne on September 18, nearly unchanged week on week. Domestic rebar also held steady at 3,600–3,785 reais per tonne. Distributors nevertheless reported weak or uneven demand and growing pressure for price reductions. Heavy rainfall in the South and Southeast delayed construction activity and weighed particularly on rebar. Sources said mills were seeking more export sales to relieve domestic supply pressure.
